Civic Intelligence

Railroad Training and Education Fund

990 • Fiscal year 2016 • EIN 37-1137511

May 01, 2015 to Apr 30, 2016 • Filed on May 30, 2017

2012 Fox Creek RoadBloomington, IL 61701

(309) 821-0330

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.15x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

0.29x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Net Margin

13th percentile

-16%

Higher net margin than 13% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Asset Growth

28th percentile

-4.7%

Faster asset growth than 28% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-15%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$424,473

Down $21,987 (-4.9%) from 2014

Net Assets

Down

$361,738

Down $49,132 (-12%) from 2014

Liabilities

Up

$62,735

Up $27,145 (+76%) from 2014

Revenue

Down

$218,225

Down $39,212 (-15%) from 2014

Expenses

Up

$252,982

Up $88,376 (+54%) from 2014

Net Income

Down

-$34,757

Down $127,588 (-137%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $368,974Liabilities 2011: $51,121Net Assets 2011: $317,8532011Assets 2013: $352,503Liabilities 2013: $40,984Net Assets 2013: $311,5192013Assets 2014: $446,460Liabilities 2014: $35,590Net Assets 2014: $410,8702014Assets 2016: $424,473Liabilities 2016: $62,735Net Assets 2016: $361,7382016Assets 2017: $416,763Liabilities 2017: $50,421Net Assets 2017: $366,3422017Assets 2018: $369,519Liabilities 2018: $57,983Net Assets 2018: $311,5362018Assets 2019: $475,845Liabilities 2019: $90,813Net Assets 2019: $385,0322019Assets 2020: $626,715Liabilities 2020: $93,916Net Assets 2020: $532,7992020Assets 2021: $814,084Liabilities 2021: $93,344Net Assets 2021: $720,7402021Assets 2022: $887,309Liabilities 2022: $113,758Net Assets 2022: $773,5512022Assets 2025: $1,597,763Liabilities 2025: $136,824Net Assets 2025: $1,460,9392025

Highlighted filing

2016

Assets$424,473
Liabilities$62,735
Net Assets$361,738

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $188,3002011Expenses 2013: $195,6482013Revenue 2014: $257,437Expenses 2014: $164,606Net Income 2014: $92,8312014Revenue 2016: $218,225Expenses 2016: $252,982Net Income 2016: -$34,7572016Revenue 2017: $189,523Expenses 2017: $195,636Net Income 2017: -$6,1132017Revenue 2018: $171,163Expenses 2018: $223,250Net Income 2018: -$52,0872018Revenue 2019: $195,168Expenses 2019: $129,337Net Income 2019: $65,8312019Revenue 2020: $286,591Expenses 2020: $145,695Net Income 2020: $140,8962020Revenue 2021: $292,079Expenses 2021: $135,630Net Income 2021: $156,4492021Revenue 2022: $298,824Expenses 2022: $182,090Net Income 2022: $116,7342022Revenue 2025: $429,903Expenses 2025: $191,340Net Income 2025: $238,5632025

Highlighted filing

2016

Revenue$218,225
Expenses$252,982
Net Income-$34,757
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
May 30, 2017
Return Version
2015v3.0
Gross Receipts
$452,686
Mission and Program Overview

Mission

Training participants for safety & work related skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$328,825$334,591▲ $5,766
Savings and Temporary Cash Investments$93,732$74,105▼ $19,627
Accounts Receivable$20,427$15,433▼ $4,994
Land, Buildings, and Equipment, Net$581$344▼ $237
Total Assets$445,557$424,473▼ $21,084
Other Assets Total$1,992$0▼ $1,992
Liabilities
Accounts Payable and Accrued Expenses$7,507$49,361▲ $41,854
Other Liabilities$24,756$13,374▼ $11,382
Total Liabilities$32,263$62,735▲ $30,472
Net Assets / Fund Balance
Unrestricted Net Assets$413,294$361,738▼ $51,556
Total Net Assets Fund Balance$413,294$361,738▼ $51,556
Total Liabilities and Net Assets / Fund Balance$445,557$424,473▼ $21,084

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$344$840$1,184
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$195,308
Investment Income
$22,917
Other Revenue
$0
Change in Net Assets
$-34,757

Audited Revenue Reconciliation

Revenue per Audited Statements
$218,225
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-16,799
Total Revenue per Audited Statements
$201,426
Total Revenue per Form 990
$218,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$252,982
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$41,427
Payments to Affiliates---$30,125
Fees for Services Other---$10,295
Travel---$5,081
Fees for Services Legal---$4,430
Fees for Services Accounting---$3,700
Office Expenses---$633
Depreciation Depletion---$237
Insurance---$194
Total Functional Expenses$0$0$0$252,982

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$252,982
Total Expenses per Audited Statements$252,982
Total Expenses per Form 990$252,982
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Railcet$9,945
Due to Health & Welfare Fund$3,429
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The auditor fills out the form, then sends the form to the plan administrator for approval. The plan administrator signs the ero-8879 once he has approved the 990. The auditor electronically files the return once the auditor receives the ero-8879.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Railroad Training and Education Fund
EIN
37-1137511
Phone
3098210330
Address
2012 FOX CREEK ROAD, BLOOMINGTON, IL 61701

Signing Officer

Name
Raul Martinez
Title
Plan Administrator
Phone
3098210330
Signed
2017-05-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raul Martinez
Formed
1983
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Romolo & Associates
Address
1700 W LUTHY DRIVE, PEORIA, IL 61615
Preparer
Kristin Romolo CPA
Phone
3096822001
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The fund has no tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within 12 months of the reporting date.

Raw XML Appendix372 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AUDITOR FILLS OUT THE FORM, THEN SENDS THE FORM TO THE PLAN ADMINISTRATOR FOR APPROVAL. THE PLAN ADMINISTRATOR SIGNS THE ERO-8879 ONCE HE HAS APPROVED THE 990. THE AUDITOR ELECTRONICALLY FILES THE RETURN ONCE THE AUDITOR RECEIVES THE ERO-8879.
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt051860
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACCRUAL BASIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0RAILCET
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0445557
IRS990/TotalAssetsEOYAmt0424473
IRS990/TotalAssetsGrp/BOYAmt0445557
IRS990/TotalAssetsGrp/EOYAmt0424473
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0252982
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032263
IRS990/TotalLiabilitiesEOYAmt062735
IRS990/TotalLiabilitiesGrp/BOYAmt032263
IRS990/TotalLiabilitiesGrp/EOYAmt062735
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0413294
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0361738
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0195308
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt022917
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0195308
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0218225
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0445557
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0424473
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt05081
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0413294
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0361738
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02012 FOX CREEK ROAD
IRS990/USAddress/CityNm0BLOOMINGTON
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061701
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RAUL MARTINEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PLAN ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03098210330
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAILROAD TRAINING AND EDUCATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0RAIL
ReturnHeader/Filer/EIN0371137511
ReturnHeader/Filer/PhoneNum03098210330
ReturnHeader/Filer/USAddress/AddressLine1Txt02012 FOX CREEK ROAD
ReturnHeader/Filer/USAddress/CityNm0BLOOMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371077733
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROMOLO & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01700 W LUTHY DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PEORIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061615
ReturnHeader/PreparerPersonGrp/PhoneNum03096822001
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRISTIN ROMOLO CPA
ReturnHeader/ReturnTs02017-05-30T16:13:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-05-01
ReturnHeader/TaxPeriodEndDt02016-04-30
ReturnHeader/TaxYr02015

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